12/10/2008 Part 2/3 Peter Schiff On Kudlow & Co.: Market Drilldown

[chena3]

finally

some bodie making sense

thanx peter and kudlow

bring back capitalism

with a bit of honesty too

woof ..

[jpfchi]

The only people I hope lose their jobs and struggle are people like Don Luskin. How on God's green earth does he manage money?...If you disagree look on Youtube of him and Peter Schiff from July '07 on Kudlow.

[zasubg]

These guys schould listen to Peter and stop selling the same story for last two years. NOTHING what they are saying works. Spending tax payers money on illuminati buddies isnt solution....ita's a shortcut to much deeper problems like riots. Especially food riots.

[votethirdpartynow]

when you lose your job then we can start

[emeraldsteve]

I just lost mine, and I agree with him!

[votethirdpartynow]

you will be fodder then

[javery303]

There is no inflation. . . for now. $10 trillion in US Debt. . . deflationary pressures due to people waiting for more cuts in interest rate. . . in the middle of a transition to an administration that is seen as Keynesian. Inflation will hit us. It's going to hit us when we have to pay the bill, it's going to hit us when the dollar realizes its devaluation, it's going to happen. . .

[jesuslover037]

That guy is childish. "What inflation?" What inflation? Ten dollar lunch and eights dollar movie tickets.

[florgat91]

good debate - good to hear all sides.

[goingwithzed]

Schiff's words are what people need to hear. I hope he just focuses on the same points on every show hoping to get more coverage of his 'message' and that he has more depth in the future.

[jaewoovoodoo]

"What inflation?" Have you even seen M1 lately? It's seen the biggest quarter over quarter increase in...ever! Just because asset deflation is occurring now because of inflated prices doesn't mean we won't see all those dollars that aren't seeing velocity this minute. The Fed and treasury are never going to be able to sop them all up. The Fed is already worried about hyperinflation in that they are looking to issue their own debt. They are afraid they've issued too much credit as it is!

[JackNeedles]

So true. The way the gov. calculates inflation is a joke. Any idiot who uses their 'official' numbers needs to come to me because I have a bridge I wanna sell them. They sure don't charge you the 'official' numbers of inflation when you go to the store.

[jesuslover037]

Right. This guy doesn't even understand the difference in asset deflation and price deflation. He's supposed to be an "expert?" I'm a kid out of high school and I understand that.

[raygunsben]

we didn't bail out lehman bros., they went bankrupt

[kasdzcx]

"What inlation? What inflation?" I guess that mofo hadn't been to supermarket in years. What an idiot. All you have to do is to look at the price of a loaf of bread and a carton of milk. lol, what inflation. what a goof ball.

[Rizky06]

When you flood the World with Printed/Electronic U.S. Fiat Money you have short term Deflation. Just like if you have a Tsunami you are not Thirsty!!

[baloniousdunc]

These American companies lost 9 billion while Toyota made four billion. Japan has more government involvement with business than does the USA- so government involvement does not have to be of the Soviet model and be a bad thing.

[john5246]

Luskin is an idiot.

[cpmerten]

Wow who the fuck even let that dumbass on the show

[WhoisJacqueFresco]

What a schmuck to say: "I get threatened by Peter's brother." Grow up and try the truth for once!

[gkalsanka]

Luskin thinks uncle sam is like santa who gives money & gift to the looser companies from his vast wealth but for your information uncle sam is broke and unlike china it is running printing press to give money to losers. America talks about capitalism to india and china and practices socialism ooops sorry socialism for the rich only.

[70road]

Kudlow is another of these greedy slimy pieces of shit that long for the days of slavery, talk about cheap labor.

[b1muas22]

who's this kudlow character...he should shut his face. Check out 1:15... they are truly listening to Peter - they know what he's saying is truth. It is common sense.

[patriotsundergod]

Kudlow was one of the few people willing to give Peter the stage when everyone else was against him. He is like the Glen Beck of financial news, almost.

[tallbillyboy]

Kudlow!!!!! STOP INTERUPPTING PEOPLE!!!!!! You prevent important information!!!!

[NSResponder]

Did Luskin actually ask "What inflation"? Why doesn't he pull his head out of his ass, and check out what the Fed has been doing for the last couple of decades?

-jcr

[Desnoxvu]

lol.. Don Luskin thinks Schiffs brother is a threat... haha.. county us millions of Paul supporters that can take down the elite class if they keep attacking our constitution.

[djsherin]

Luskin is a statist and a government sympathizer, a tool of the assholes in power.

[jnsotak]

Central Banks led by the Fed are using "Shock & Awe" to bring people to their knees and accept the New World Order of Socialism...the sheeple are manipulated again...on the seas of highs and lows created by Fed and Money masters.

[freedomfighterone]

Luskin really has nothing to offer except more spending, and that's the policy of the criminal Federal Reserve.

[atrickpay11]

Ya. WTF did Ron Paul have appoint him as his

campaign economic advisor?

He appointment of Schiff as economic advisor was fine. But Luskin?!

[mdonato76]

Luskin really knows nothing. He is unprincipled and unwise. I hope they have him on in a year or two and ask him about the inflation that he claims is non existent. It's like the water receeding right before a tsunami. Luskin is one of the fools running out on the beach to pick up shells. Schiff is where he has been all along, up on his mountaintop proclaiming the truth and correctly warning people of the impending disaster.

[Epic878787]

Luskin, - "they're going to nuke us!!!!!"

Panic and fear just do what we say.

[FGTBOGSAT]

The government has screwed the dog! This is no way to run a railroad. I enjoy watching Schiff smackdown the idiots and socialists.

[tlbodine]

NWO? His dad, Irwin Schiff, is currently in prison for protesting (and refusing to pay) the income tax. Also, Peter Schiff was a staunch supporter of Ron Paul.

[adampeart1]

I'd refuse to pay too if I could afford to go to prison

[LookBetter4Ever]

I like Peter Schiff, but go take a look at the Schiff family tree, it has NWO written all over it!

[RakeRocter]

Our fiat Federal Reserve Notes have NWO written on them: Novus Ordo Seclorum

[atheistnarnia]

r u dumb?

[KungFuBlitzKrieg]

Don't these people, minus Schiff, know how stupid they are?

[christopherquinn]

Don Luskin is a tool of the bank cartel owners.

Peter Schiff was right, is right and will continue to be right.

[philippe1985]

1 : 30 what is best a short term crash or a long term crash?

when I write "short" its actually going to be already pretty long.

[jmsazboy]

Most of the people who comment here are not included in this comment:

Americans are getting exactly what the deserve. A lot of us who supported Ron Paul/Peter Schiff spent a lot of time and money trying to educate these sheep. Americans need to face up to their failure in their responsibility as voters. We are becoming a socialist nation right before our eyes and the media is on board.

Not sure what to tell ya....I hope people wake up.

[john5246]

Yeah I hear you, I tried, but no one cares, they just want to go to work, sleep, and do it all over again.

[PhatPhing]

Luskin is either an idiot or a liar.

Any economist worth his salt knows inflation is defined by increase in money supply. Price increases, a consequence of inflation, always lags the flooding of money.

In a year or so, this video is going to haunt Luskin,... just like Laffer, Payne, Stein, Norman, et al.

[stealthpakfa]

don luskin NEEDS to be murdered! this terrorist needs to be purged from planet earth!

[jpfchi]

Don Luskin is a bitch.

[psbyowner]

surprised on cudlow's stand here; against the bailouts.

[psbyowner]

this guy is trying to imply trillion dollar bailouts give consumers confidence. i guess he's on GM corp payroll as a lobbyist.

[psxwarrior]

Don Luskin is retarded.

[nmbypmby34]

And this guy is trying to avoid getting hate mail? He probably gets hate mail from his own family.

[danbowski40]

LOL Good 1!

[psxwarrior]

Amen, Peter.

[adithkumarbhat]

guyz....i still cant find the 1st part.....anyone else?

[billsaintkilda]

Here it is watch?v=TiY6ydsWrO8

[50chickens]

kudlow is a hyprocrit. months ago he was all for bailouts.. now he's saying stop.

[DoctorJohnJGibbons]

That way he can look correct no matter what happens.

[Xasew]

Inflation is the creation of money, not rising prices. Luskin needs to get educated.

[KhmerD0g]

rising prices is the result of creating more money out of thin air.

[DoctorJohnJGibbons]

Also, real estate and us stocks can still deflate in an inflationary environment. Guns, food, precious metals, foreign equities can all rise in price despite a deflation of service sector costs and domestic-only goods.

[KhmerD0g]

bullshit. i running a unprofitable video rental business. when will the government going to bail me out???????????????????? it's ok because i'm too small and can fail......... i need a new model for my rental business to compete with netflix.

[FGTBOGSAT]

Schiff rules!

[LondonCrusader]

Frakking A !

[yannchambrier]

Bail-out is a bullshit PR word.

It is actually a forced investment by the government on behalf of all the American tax-payers on non-viable companies.

You can kiss your tax dollars bye-bye folks.

[Fullmetalpizza]

Yeah where's part 1?

[rationalbeats]

where is part one

[mrdoonbeg]

Peter Schiff = Legend

[jaychins]

i love the anchor's wrap up in this segment.

[imaginator]

that fucker Luskin is an asshole of a loser.

[itillbeme]

Luskin brings up a Peter Schiff family member during this debate.Now that is low -like snake belly low. You know if he did that on the street; well everyone knows except Luskin. He really has no idea he states CPI has been negative for the last few months, the consumer price index does not count energy or food, he has no clue. Catch Luskins quote on another Kudlow show about "the millions of peasants"... even lower, pretty soon he is just going to be an asterisk.

[andreamirelez]

I know the video your talking about and he was so bullish then and was so sure of himself. Now this is his tone at 1:57. They shouldn't let the joker on anymore.

[InTheSticks1881]

Thank Goodness for Schiff. His words are finally getting through.

Recommend Survivalblog com

[Budvb]

It's GAME OVER folks nothing can fix the USA so get your Life Jackets Ready. SOS SOS we are Sinking and Fast!

[healthhavencom]

Luskin is the Ultimate Ass Wipe.

Schiff rules the day once again.

Is Kudlow finally coming around?

[stealthpakfa]

have a look at this video of don liskin, bob pisani, mrs quick and some other criminal all making fun of peter schiff just 12 months ago! listen to what these fools say and how these criminals were so wrong and peter schiff was 100% correct!

watch?v=jZFmtvXPER8

[IntensaBlue2JZ]

I'm surprised to see permabull Kudlow agreeing with Peter... that's refreshing!

[ronpaulrevolution]

Wow, Luskin really comes off as a whiny ignorant child here.

[rangeyer]

these guys are stupid fucks!!!! Except peter of course

[artdeco101010]

What an asshole - everytime I see Luskin I just want to see Schiff smack him.

[JP5466]

I forgot to mention... Don Luskin is an IDIOT.

[DoctorJohnJGibbons]

Andrew Schiff did not send him a threatening letter.  Some of Schiff's hardcore extreme supporters did.

Fuck Luskin!

[Paulintheoh8]

Can someone find the 1st segment?

[PhilDeCarolis]

Sorry, It is processing. It should be up shortly.

[JP5466]

Glad to see Peter back on CNBC again

[aelleo]

why CNBC is a bunch of lyng cocksuckers anyway.